Mortgage war intensifies as Skipton announce cuts to resi range

Skipton Building Society has announced it is launching a revised range of 2 and 5 Year Fixed Rate residential mortgages with rates lowered by up to 0.65%.

Related topics:  Finance
Warren Lewis
14th August 2015
Skipton

The range will be especially attractive to those with a lower deposit as all 85% and 90% LTV products have the most significant rate reductions and free valuations are offered on all new purchase products.

The range includes a variety of two and five year fixes, with a choice of fee and rate blends to maximise choice and flexibility.

Purchase products include a 5 year fee free fix at 2.70% to 70% LTV, while for those wishing to remortgage, fee free products include a 5 year fix at 2.72% to 70% LTV.

Kris Brewster, Skipton’s Head of Products, said: “We’re pleased to be able to lower rates across a range of short-term and longer-term fixed mortgages as well as include free valuations on all our new purchase products. We continue to offer fee and rate options to suit a number of different borrower requirements.

Our mortgage products continue to have an emphasis on offering wide choice and good value, along with our commitment to doing everything to help borrowers.”

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